Major sales contract for biolitec in the field of dental applications

29-Mar-2001
biolitec, listed on the New Market, has signed a major distribution contract for diode lasers with Schneider High Tech GmbH, making further progress in the field of dentology. This two-year-contract for approx. 2 Million Euro (4 Mio. DM) requires Schneider High Tech GmbH to sell and promote the biolitec laser Ceralas D15 in Germany and Greece. The continuation of the cooperation with Schneider, which has been selling biolitec lasers since 1999, is a consequence of recently accelerating sales and the increasing acceptance of lasers for dental office applications. The contract strengthens biolitec’s position within dentology and supports the aggressive expansion strategy. The wide range of potential indications for the Ceralas D15 in the field of Paradontology, Endotontics, dental surgery and dental cosmetics encourages the daily use of the laser by the dentist. biolitec just presented its semi-annual results 2000/2001 reporting a significant sales increase up to 7.3 million Euro. Lasers were about 34% of this turnover. Within this field Dental applications contributed 1.3 million Euro, making the largest segment. biolitec’s strategy focuses on medical applications for photosensitive drugs, diode lasers and fiberoptic laser delivery systems.

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